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OpenStudy (anonymous):
Find the present value, using the present value formula and a calculator. Achieve $225,500 at 8.65% compounded continuously for 8 years, 135 days.
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OpenStudy (anonymous):
do you have the formula?
OpenStudy (tkhunny):
Present value? \(225500\cdot e^{0.0865\cdot (8 + (135/365))}\)
OpenStudy (wolf1728):
Didn't you ask this in another topic?
OpenStudy (warmjen):
no I didn't
OpenStudy (warmjen):
I need the answer not the formula not able to come up with it
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